Background*

Mr. William C. Fraser, F.C.A., served as the Chief Executive Officer and President of Manitoba Telecom Services Inc. from 1994 to 2006 and served as its Vice President of Finance from 1986 to 1994. Mr. Fraser served as the Chief Executive Officer of MTS Media Inc., Qunara Inc., AAA Alarm Systems Ltd., MTS Allstream Inc., MTS Communications Inc., MTS Advanced Inc. In this capacity, he provided overall leadership and direction to MTS and its 7000 employees. Having joined ... MTS in 1986 as Vice President of Finance and risen to the position of Chief Executive Officer and President in 1994. Mr. Fraser has ably steered Manitoba Telecom Services Inc. through a generation of dramatic and unprecedented change in the telecommunications industry. From 1972 to 1981, he held various senior positions in the federal government, including Director General Finance for the Department of Agriculture. In 1981 he was appointed to the position of Assistant Deputy Minister of Finance with Manitoba government, the youngest person ever appointed to that position. He served until 1986, when then-Minister of Telephones Gary Doer, who is now Premier of Manitoba, appointed him to his first post with MTS. He is also a Member of the St. Boniface Hospital and Research Foundation. Mr. Fraser is widely respected in both the telecommunications and chartered accounting industries. He has served as a strategic and visionary leader at Manitoba Telecom Services Inc. for almost 20 years. He has been Chairman of Manitoba Hydro-Electric Board since February 2012. Mr. Fraser served as the Chairman of MTS Media Inc., Qunara Inc., MTS Advanced Inc. and AAA Alarm Systems Ltd. He serves as a Director of Mts Communications Inc. He has been a Director for IMRIS, Inc since August 2007. He serves as a Director of Bell West, Inc. and Manitoba Hydro-Electric Board. Mr. Fraser serves as a Director of the Conference Board of Canada. He served as Director of MTS Allstream Inc. He served as a Director of Manitoba Telecom Services Inc. from January 1997 to December 07, 2005. He serves as Vice Chair of St. Boniface Hospital Foundation. In 2002, in recognition of his leadership and his high ethical standards, he was named a Fellow of the Institute of Chartered Accountants. Mr. Fraser received his BBA in 1970 from St. Francis Xavier University, where he was honored as the university's top graduate among the entire 1970 class. He became a Chartered Accountant in 1972.

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